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Trust in AI technology and the companies that develop it is dropping, in both the U.S. and around the world, according to new data from Edelman shared first with Axios.

Why it matters: The move comes as regulators around the world are deciding what rules should apply to the fast-growing industry. “Trust is the currency of the AI era, yet, as it stands, our innovation account is dangerously overdrawn,” Edelman global technology chair Justin Westcott told Axios in an email. “Companies must move beyond the mere mechanics of AI to address its true cost and value — the ‘why’ and ‘for whom.’”

  • Kraiden
    12•8 months ago

    So I’m mostly in agreement with you and I’ve said before I think we’re at the “VR in the 80’s” point with AI

    I’m genuinely curious about the legit use you’ve seen for NFTs specifically though. I’ve only ever seen scams

    • @[email protected]English
      0•8 months ago

      An NFT is pretty much just some data put on a blockchain, it has the same use case as most other blockchain tech: Data integrity and transparency. NFTs specifically could be useful as a framework for showing ownership of something, for example vehicle ownership could be stored in this manner. It would give you a history of previous owners and how old the vehicle is. My country has something like this but making inquiries for a vehicle’s history is pretty annoying and could be improved with this tech.

      • @[email protected]English
        19•8 months ago

        That’s a problem that’s already solved though. Nfts are really just a way for crypto bros to scam others.

        • @[email protected]English
          -4•8 months ago

          As I said: Having the vehicle register stored on a blockchain would make it very easy to access a vehicle’s history. Currently you need to submit a request and it takes days for them to get back to you.

            • @[email protected]English
              -4•8 months ago

              A blockchain is a form of database that would be really good for this because of how it maintains all database transactions while being human readable easily. Most databases aren’t human readable and you need to design an interface for it. How NFTs are stored in blockchains is a good example of a very specific purpose that would make this better. Vehicle databases also don’t have a clear connection to previous owners and that data needs to be retrieved manually while a blockchain keeps every modification easily visible.

              Obviously don’t use a blockchain used for speculative investment like Etherium but the government can just host their own without any stupid finance shit on it, just a database for vehicles.

              • @[email protected]English
                5•8 months ago

                { “hash”: “0000000000000bae09a7a393a8acded75aa67e46cb81f7acaa5ad94f9eacd103”, “ver”: 1, “prev_block”: “00000000000007d0f98d9edca880a6c124e25095712df8952e0439ac7409738a”, “mrkl_root”: “935aa0ed2e29a4b81e0c995c39e06995ecce7ddbebb26ed32d550a72e8200bf5”, “time”: 1322131230, “bits”: 437129626, “nonce”: 2964215930, “n_tx”: 22, “size”: 9195, “block_index”: 818044, “main_chain”: true, “height”: 154595, “received_time”: 1322131301, “relayed_by”: “108.60.208.156”, “tx”: [ “–Array of Transactions–” ] }

                Yes very human readable. All the “benefits” blockchain are in a properly managed database, but the database takes about the power of 3 or 4 lightbulbs to manage, the Blockchain takes as much power as Ireland.

                • @[email protected]English
                  -1•8 months ago

                  Have you seen like an MSSQL database? That is a lot more readable and easier to display on a frontend. Also like every blockchain have an existing open source frontend you can redesign the look a bit and just use.

                  A blockchain to manage a database for vehicles takes as much resources as a classic database. What causes the huge and ridiculous power drain is mining, which is not something you would be doing for a database to store vehicles.